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Old 11-24-2004, 03:05 AM   #1
e-god
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New record, dollars and euros

1 Euro = 1.31486 Dollar

Disaster! So unstoppable.
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Old 11-24-2004, 03:06 AM   #2
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Holllly shit, thats insane...its getting worse by the day now. I just lost another 1% of my income, this is fucking crazy!
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Old 11-24-2004, 03:09 AM   #3
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Old 11-24-2004, 03:13 AM   #4
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time to promote some european sponsors
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Old 11-24-2004, 03:45 AM   #5
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Old 11-24-2004, 03:57 AM   #6
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Old 11-24-2004, 04:55 AM   #7
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Similar prob in Australia.

At current rates $USD1000 = $AUD1265

In 2001, $USD1000 = $AUD2083

Even a few months ago you could wring about 20-25% extra from the conversion, compared to now.

If you had put $USD1000 into an AU bank account in 2001 and withdrew it today you'd end up with $USD1666, which is a 66% return in only 3 years...

If the AU account paid 5% interest (many online accounts here do) then you would have over $USD1900 when you converted it back.

Bah.
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Old 11-24-2004, 04:58 AM   #8
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Quote:
Originally posted by Battuss
Holllly shit, thats insane...its getting worse by the day now. I just lost another 1% of my income, this is fucking crazy!
get a dollar account any bank has it, transfer it to the Euro account when its nice problem solved
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Old 11-24-2004, 04:59 AM   #9
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Quote:
Originally posted by rowan
Similar prob in Australia.

At current rates $USD1000 = $AUD1265

In 2001, $USD1000 = $AUD2083

Even a few months ago you could wring about 20-25% extra from the conversion, compared to now.

If you had put $USD1000 into an AU bank account in 2001 and withdrew it today you'd end up with $USD1666, which is a 66% return in only 3 years...

If the AU account paid 5% interest (many online accounts here do) then you would have over $USD1900 when you converted it back.

Bah.
Yea and if you had bought microsoft stock when it was.....


BLAH BLAH BLAH

What if.....

Might have.....

Could of......

WHO CARES!
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Old 11-24-2004, 05:01 AM   #10
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get a dollar account any bank has it, transfer it to the Euro account when its nice problem solved
Will it ever get nice? Thats the problem...right now im gonna limit the the money on my euro account to what i need for rent and living. Im seriously thinking about moving to a warm and cheap country where the dollar is actually worth something country and spend 6 months a years there. Im gonna spend my money there. Every dollar is spend in Holland is a fucking waste of money. Not only are the prices getting ridiculous here (especially in Amsterdam) but high euro is simply killing me.
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Old 11-24-2004, 05:05 AM   #11
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It's going to get worse before it gets any better, thats for sure.
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Old 11-24-2004, 05:06 AM   #12
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This changes nothing.
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Old 11-24-2004, 05:07 AM   #13
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This changes nothing.
What does?
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Old 11-24-2004, 05:10 AM   #14
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bad news for me too
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Old 11-24-2004, 05:15 AM   #15
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Damn.
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Old 11-24-2004, 05:16 AM   #16
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Old 11-24-2004, 05:16 AM   #17
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Morning.
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Old 11-24-2004, 05:33 AM   #18
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Morning.


bad news to wake up with
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Old 11-24-2004, 05:37 AM   #19
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bad news to wake up with
Yup and it will get even worse real fast now. It will be 1.32 within a day or 2 and i bet it will go to 1.40 soon. Totally insane. Shit like this in our current modern society shouldnt be allowed to happen. This can and will kill 1000's of companies and put tons of people out of business. Im happy i make decent money but if i was just making enough to live this would force me to find a job.
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Old 11-24-2004, 05:38 AM   #20
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i need to invest in euros
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Old 11-24-2004, 05:45 AM   #21
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Quote:
Originally posted by rowan
Similar prob in Australia.

At current rates $USD1000 = $AUD1265

In 2001, $USD1000 = $AUD2083

Even a few months ago you could wring about 20-25% extra from the conversion, compared to now.

If you had put $USD1000 into an AU bank account in 2001 and withdrew it today you'd end up with $USD1666, which is a 66% return in only 3 years...

If the AU account paid 5% interest (many online accounts here do) then you would have over $USD1900 when you converted it back.

Bah.
these facts make me very sick@!
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Old 11-24-2004, 05:51 AM   #22
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i need to invest in euros
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Old 11-24-2004, 05:53 AM   #23
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i need to invest in euros
And buy them with dollars right?
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Old 11-24-2004, 05:55 AM   #24
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Originally posted by coolfuck
i need to invest in euros

Quote:
Originally posted by Battuss
And buy them with dollars right?
glad someone understands what a dumbass suggestion that was

Last edited by DutchTeenCash; 11-24-2004 at 05:58 AM..
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Old 11-24-2004, 06:04 AM   #25
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Shit like this in our current modern society shouldnt be allowed to happen.
SO true
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Old 11-24-2004, 06:17 AM   #26
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get a dollar account any bank has it, transfer it to the Euro account when its nice problem solved
it's getting worse and worse every fucking day
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Old 11-24-2004, 06:19 AM   #27
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Yup and it will get even worse real fast now. It will be 1.32 within a day or 2 and i bet it will go to 1.40 soon.
don't fucking scare me
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Old 11-24-2004, 06:28 AM   #28
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don't fucking scare me
Boo
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Old 11-24-2004, 07:07 AM   #29
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I would like to suggest 2 solutions

1) Invest in Gold. Gold is a hedge againt the dollar - as the dollar falls, gold prices rise

2) Use a sponsor that pays in Euros (www.porngurus.com )

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Old 11-24-2004, 07:09 AM   #30
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I would like to suggest 2 solutions

1) Invest in Gold. Gold is a hedge againt the dollar - as the dollar falls, gold prices rise

2) Use a sponsor that pays in Euros (www.porngurus.com )

do u bill surfers in europs or dollars?
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Old 11-24-2004, 07:35 AM   #31
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I would like to suggest 2 solutions

1) Invest in Gold. Gold is a hedge againt the dollar - as the dollar falls, gold prices rise

2) Use a sponsor that pays in Euros (www.porngurus.com )

I think a better way to hedge is with USD puts.
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Old 11-24-2004, 07:37 AM   #32
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Will be interesting to see the US november job numbers in the beginning of December.. If it's another good number the dollar shorts will come under quite a lot of pressure, because it will be hard to deny the US economy is tracking well..

If it surprises to the downside, goodbye dollar..
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Old 11-24-2004, 07:40 AM   #33
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europe sucks
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Old 11-24-2004, 07:42 AM   #34
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Old 11-24-2004, 07:43 AM   #35
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Holllly shit, thats insane...its getting worse by the day now. I just lost another 1% of my income, this is fucking crazy!
Don't know from where you come... but in Canada I've lost 10% over the last 2 months !!
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Old 11-24-2004, 07:50 AM   #36
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Don't know from where you come... but in Canada I've lost 10% over the last 2 months !!
if thats for real then you certainly need to hook up with a fin guru, 10% is nuts, unless youre talkin high risk investments (burnmoney)
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Old 11-24-2004, 08:13 AM   #37
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damn, hard to believe
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Old 11-24-2004, 08:16 AM   #38
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shit
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Old 11-24-2004, 08:30 AM   #39
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get a dollar account any bank has it, transfer it to the Euro account when its nice problem solved
Not sure if that's a good option.
I have a dollar account and put some $ in there when the euro was around $1.15. I thought it wouldn't get worse.
Wrong.

I read somewhere a while ago that some "experts" say it can go up to ?1.00 = $1.75.
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Old 11-24-2004, 08:42 AM   #40
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Not sure if that's a good option.
I have a dollar account and put some $ in there when the euro was around $1.15. I thought it wouldn't get worse.
Wrong.

I read somewhere a while ago that some "experts" say it can go up to ?1.00 = $1.75.
its always tricky, but as long as its money you dont need atm its a good move, experts can say anything, we had worse things in the 70s, if you want to keep the original value open a $ account and keep it there... plus pay ppl with us$ if possible oh and im not talking $100 obviously
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Old 11-24-2004, 02:46 PM   #41
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Now its
1.31840

And all that in one day
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Old 11-24-2004, 02:50 PM   #42
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pretty fucked up..
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Old 11-24-2004, 03:22 PM   #43
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This is sad, interest rates will skyrocket too......
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Old 11-24-2004, 03:28 PM   #44
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heh, that's some crazy shit. i have to start making euros.
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Old 11-24-2004, 05:19 PM   #45
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americans get what they deserve for voting BUSH
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Old 11-24-2004, 05:24 PM   #46
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americans get what they deserve for voting BUSH
we aren't suffering, you europeans are.
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Old 11-24-2004, 05:29 PM   #47
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That sucks.
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Old 11-24-2004, 05:38 PM   #48
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we aren't suffering, you europeans are.
your turn is yet to come..

Morgan Stanley Chief Economst - Economic "armageddon"
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Old 11-24-2004, 05:59 PM   #49
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Quote:
Originally posted by rowan
Similar prob in Australia.

At current rates $USD1000 = $AUD1265

In 2001, $USD1000 = $AUD2083

Even a few months ago you could wring about 20-25% extra from the conversion, compared to now.

If you had put $USD1000 into an AU bank account in 2001 and withdrew it today you'd end up with $USD1666, which is a 66% return in only 3 years...

If the AU account paid 5% interest (many online accounts here do) then you would have over $USD1900 when you converted it back.

Bah.
Not cool is it? Every time I go to the bank it gets closer to the day where the banker tells me the amount my cheque is worth in US dollars is less in AU dollars.
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Old 11-25-2004, 03:36 AM   #50
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Todays rate - 1.31987

What do you think about his progression?

So after a week or so it will be 1.45?
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